Hilb Group Acquires King and Cushman Agency in Massachusetts

July 28, 2022

The Hilb Group has acquired Massachusetts-based King and Cushman Agency, further expanding the company’s presence throughout New England.

Based in Northampton, King and Cushman has served the area for nearly 100 years, offering personal and commercial property/casualty insurance.

Agency Principal Scott King and his team will join Hilb Group’s New England regional operations.

In 1926, the Franklin King Jr. Insurance Agency was opened in Haydenville, Massachusetts. In 1932, the office moved to Northampton. In 1947, King teamed with Albert Cushman, then president of Northampton National Bank, to form what is known today as King & Cushman, Inc. The enterprise has been a family-run business.

King & Cushman acquired the Francis P. Lyons Insurance Agency in 1986.

The Hilb Group, headquartered in Richmond, Virginia, is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group has grown through acquisitions, having completed more than 135 acquisitions with over 100 offices in 22 states. Hilb Group is rated as a Top 100 P/C Independent Agency by Insurance Journal.

Topics Mergers & Acquisitions Massachusetts

Was this article valuable?

Here are more articles you may enjoy.